Two Nevada Hotels Default on Debt
From VegasInc.
Two Southern Nevada Hotels Default on Debt
As the Southern Nevada gaming and tourism economy improves in 2012, financial restructurings of troubled companies and properties are expected to slow down.
But such troubles are continuing for some companies, as evidenced by debt defaults involving Loews Lake Las Vegas Hotel in Henderson and the JW Marriott Las Vegas casino resort in Summerlin.
Their recently disclosed defaults follow a difficult 2011 for the local resort industry. Click here for the full story.
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